Glory WS-21 Coin Wrapper for $4250 ????

Forum for discussing any topic related to investing in, collecting and saving US, Canadian, UK, and other Copper Bullion Pennies for their metal content.

Glory WS-21 Coin Wrapper for $4250 ????

Postby Metaldog » Mon Feb 28, 2011 5:49 pm

Hey, I'm just wondering if a Glory WS-21 Coin Wrapper that is virtually brand new for $4250 is a bad price... $4250 is a lot of money and I'm sure I can get a lot more bang for my buck when it comes to automatic coin wrappers. :| Let me know what you think...

Metaldog
User avatar
Metaldog
 
Posts: 49
Joined: Thu Dec 16, 2010 11:02 pm
Location: Canada

Re: Glory WS-21 Coin Wrapper for $4250 ????

Postby barrytrot » Mon Feb 28, 2011 6:02 pm

I would not do it if I were you. Get a "good" used version and save $2,000.

Either way these machines require a handy-man to keep running. So why buy new?
User avatar
barrytrot
Too Busy Posting to Hoard Anything Else
 
Posts: 4609
Joined: Mon Dec 08, 2008 3:00 pm

Re: Glory WS-21 Coin Wrapper for $4250 ????

Postby highroller4321 » Mon Feb 28, 2011 6:11 pm

You can get a much better coin wrapper for that kind of money! If you want to spend that much PM me and I can get you a good used one shipped to your house for probably less than that!
highroller4321
Realcent Moderator
 
Posts: 7214
Joined: Sat Oct 25, 2008 10:00 am
Location: Portland,Oregon

Re: Glory WS-21 Coin Wrapper for $4250 ????

Postby VWBEAMER » Tue Mar 01, 2011 8:43 am

you can dump over 4,250,000 pennies at coinstar for that amount or $1700 a month for the next two years.
"The trouble with quotes over the Internet is that you never know if they are genuine."
" --Theodore Roosevelt
VWBEAMER
Penny Collector Member
 
Posts: 496
Joined: Sat Feb 05, 2011 7:42 pm

Re: Glory WS-21 Coin Wrapper for $4250 ????

Postby inflationhawk » Tue Mar 01, 2011 9:24 am

VWBEAMER wrote:you can dump over 4,250,000 pennies at coinstar for that amount or $1700 a month for the next two years.


Good perspective!! It would be hard to justify buying one of these unless you had serious volume going on.
inflationhawk
Penny Hoarding Member
 
Posts: 846
Joined: Sat Feb 19, 2011 1:10 pm

Re: Glory WS-21 Coin Wrapper for $4250 ????

Postby NickelExpress » Tue Mar 01, 2011 4:06 pm

VWBEAMER wrote:you can dump over 4,250,000 pennies at coinstar for that amount or $1700 a month for the next two years.


Hes like me and in Canada though, we don't all have access to a coinstar. I have one bank in my entire city of around a million (no other near by cities) that has a coinstar and they are a one branch credit union. We also have a 2 or 3 more in supermarkets (and are in ones that you perhaps may not want to walk in with a 1000 face of copper and dump).

Are the guys dumping 1000 plus in zincs a week using only 1 coinstar to do it?
NickelExpress
Penny Sorter Member
 
Posts: 57
Joined: Fri Feb 25, 2011 2:19 pm

Re: Glory WS-21 Coin Wrapper for $4250 ????

Postby Metaldog » Tue Mar 01, 2011 5:39 pm

NickelExpress wrote:
VWBEAMER wrote:you can dump over 4,250,000 pennies at coinstar for that amount or $1700 a month for the next two years.


Hes like me and in Canada though, we don't all have access to a coinstar. I have one bank in my entire city of around a million (no other near by cities) that has a coinstar and they are a one branch credit union. We also have a 2 or 3 more in supermarkets (and are in ones that you perhaps may not want to walk in with a 1000 face of copper and dump).

Are the guys dumping 1000 plus in zincs a week using only 1 coinstar to do it?


Exactly, there is one coin machine in the city that I use...and I use it way to much. So I'm definately in need of an automatic coin wrapper. Thanks to the help of many people on this forum I now know that my money can go a lot further for $4250. So that one is out of the question.

If anyone sees a good buy let me know! :)

Thanks,
Metaldog
User avatar
Metaldog
 
Posts: 49
Joined: Thu Dec 16, 2010 11:02 pm
Location: Canada

Re: Glory WS-21 Coin Wrapper for $4250 ????

Postby west77 » Wed Mar 02, 2011 4:25 am

That is very high for a used wrapper. The only thing that I would point out is that you need to buy one in Canada, or you will have to get it programmed for Canadian coin (if you plan on wrapping loonies or toonies...) If it is just pennies and nickels, you will be fine. But when you decide to sell it in Canada, you may find it tough if it is programmed only for US coins. Contact your local dealer to be certain that you can have it programmed when it arrives (or expect to be stuck with it or prepared to ship it south of the boarder again if you want to sell it.)
west77
 
Posts: 34
Joined: Tue Dec 28, 2010 7:02 pm

Re: Glory WS-21 Coin Wrapper for $4250 ????

Postby Metaldog » Wed Mar 02, 2011 1:21 pm

That thought never came across my mind! Thanks west77 for that point!
User avatar
Metaldog
 
Posts: 49
Joined: Thu Dec 16, 2010 11:02 pm
Location: Canada

Re: Glory WS-21 Coin Wrapper for $4250 ????

Postby HoardCopperByTheTon » Thu Mar 03, 2011 12:34 am

Good machine.. but the price is high for a used one. They are only $7100 new. I have one of these and am very happy with it.. but I paid a lot less. :mrgreen:
If your percentages are low.. just sort more. If your percentages are high.. just sort more
User avatar
HoardCopperByTheTon
HoardsPostsByTheTon
 
Posts: 9358
Joined: Sat Feb 17, 2007 3:00 pm
Location: CA

Re: Glory WS-21 Coin Wrapper for $4250 ????

Postby west77 » Thu Mar 03, 2011 2:10 am

Where in Canada are you located? Do you need a fully automatic, or could you use tubes with a counter?
west77
 
Posts: 34
Joined: Tue Dec 28, 2010 7:02 pm

Re: Glory WS-21 Coin Wrapper for $4250 ????

Postby Metaldog » Thu Mar 03, 2011 8:31 am

west77 wrote:Where in Canada are you located? Do you need a fully automatic, or could you use tubes with a counter?


Saskatchewan

I need an automatic. I already have a billcon coin counter that I use to tube coins.
User avatar
Metaldog
 
Posts: 49
Joined: Thu Dec 16, 2010 11:02 pm
Location: Canada


Return to Copper Penny Bullion Investing

Who is online

Users browsing this forum: No registered users and 40 guests